The crypto entrepreneur who paid $6.2mn for a banana taped to a wall has eaten the art work in an onstage spectacle, declaring that, like a digital asset, “the real value is the concept itself”.
Justin Sun, the Chinese-born founder of cryptocurrency platform Tron, who was charged by the US Securities and Exchange Commission last year over fraud and other securities law violations, also hailed Donald Trump for his support of the crypto industry.
Sun ate the banana at an event in Hong Kong on Friday that came amid a crypto boom that has gathered pace since Trump’s election victory this month, with Bitcoin surging to record highs.
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